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differences in buying and leasing
Essay specific features
Written by:
Delpha D
Date added:
February 4, 2016
Level:
University
Grade:
A
No of pages / words:
2 / 351
Was viewed:
1838 times
Rating of current essay:
Essay content:
Although if leasing, the payment terms are incredibly shorter.
Vehicle depreciation also varies with a purchase or a lease. If someone is buying, the tax deduction will equal the full depreciation of assets per the I.R.S. schedule. If leasing it is optional to buy out the lease at the end of the term, rather than go by the I...
displayed 300 characters
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schedule. With buying, the finance period can extend beyond the warranty period, unless warranty options are added. In contrast, with leasing, the warranty will last for the full term of the finance period no matter what.
The valuable differences in the two make the decision a lot easier. Like stated earlier the main difference is with buying, money is paid to "own" the vehicle with leasing money is paid to "use" the vehicle...
displayed 300 characters
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